stock market – News Stories About stock market - Page 159

MARKETS

Jul 28, 2008 3:39 PM CDT

Dow Plunges 239 Points

S&P 500 sheds 1.9%; financials lead retreat

(Newser) - The markets plummeted today as worries over the economy and problems in the financial sector outweighed high spirits over the rescue plan for mortgage giants Fannie Mae and Freddie Mac, MarketWatch reports. The Dow plunged 239.61 to 11,131.08, the Nasdaq nosedived 46.31 to 2,264.22,...

Tech Firms Buoyed
by Demand Abroad

Jul 18, 2008 8:53 AM CDT

Tech Firms Buoyed by Demand Abroad

International demand keeps tech afloat even as economy sinks

(Newser) - The tech sector keeps rolling even as the overall economy continues to flail, the Wall Street Journal reports. Four of tech’s giants, Microsoft, Google, IBM and Nokia, posted quarterly results yesterday, riding high on developed nations’ need for cost-saving technologies and emerging economies’ demand for infrastructure upgrades as the...

SEC Will Limit
Short Sales of
Finance Stocks

Jul 16, 2008 9:48 AM CDT

SEC Will Limit Short Sales of Finance Stocks

Agency worried negative bets by traders are hurting the market

(Newser) - The SEC will step in to police naked short-selling of 17 financial firms, as well as Fannie Mae and Freddie Mac, the Wall Street Journal reports. The agency said it plans to impose short-term, emergency rules on Monday that curtail traders betting on the stocks to drop, worried the short...

Stocks Rebound on GM News

MARKETS

Jul 1, 2008 3:31 PM CDT

Stocks Rebound on GM News

Markets edge upwards after big fall early in the session

(Newser) - Stocks rebounded from an early slump today after a better-than-expected sales report from General Motors, the Wall Street Journal reports. The GM news also pushed up stocks of other troubled automakers. The Dow ended up 32.25 at 11,382.26, the Nasdaq up 11.99 at 2,304.97,...

A Year On,
Credit Crisis
Lingers

ANALYSIS

Jul 1, 2008 7:09 AM CDT

A Year On, Credit Crisis Lingers

'Vicious circle' threatens broader economy

(Newser) - Despite assurances from some experts that the credit crisis would be short-lived, the forecast remains bleak after more than a year of frustrations, the New York Times reports. In a “vicious circle,” falling home prices lead to more bad loans, which makes credit harder to get so that...

Mixed Results Cap Ugly June

MARKETS

Jun 30, 2008 3:39 PM CDT

Mixed Results Cap Ugly June

Month was 'something like the worst since the Great Depression,' analyst says

(Newser) - Stocks ended mixed today—the last day of the second quarter—and couldn't prevent the Dow and S&P from their worst June since the Great Depression, CNNMoney reports. The Dow ended up 3.50 today, to 11,350.01; the Nasdaq was down 22.65 to 2,292.98,...

For Venture Capitalists,
Wells Run Dry

Jun 28, 2008 10:04 AM CDT

For Venture Capitalists, Wells Run Dry

None of investors' gambles go public in second quarter

(Newser) - Wall Street has not been kind to venture capitalists in the second quarter. For the first time since 1978, not one company they backed went public, taking away their source of big paydays, the New York Times reports. Observers cite a number of reasons, including lousy market conditions, a shift...

Stocks Drop to 2008 Low
as Bad News Piles Up

MARKETS

Jun 26, 2008 12:45 PM CDT

Stocks Drop to 2008 Low as Bad News Piles Up

Dow drops more than 250 points as GM, Citi take hits

(Newser) - Stocks tumbled today as Wall Street contended with a barrage of bad news: another surge in oil prices and warnings of trouble in the key financial, automotive, and high-tech industries. The major indexes showed losses of more than 2%, including the Dow Jones industrial average, which shed more than 250...

Stocks Dip as Fed Meets

MARKETS

Jun 24, 2008 3:46 PM CDT

Stocks Dip as Fed Meets

Fed inaction spurs recovery from bad economic news

(Newser) - The markets seesawed throughout today's session, closing down slightly as a minor rally in financials offset bad economic news and warnings of a poor quarter for UPS, MarketWatch reports. The Dow fell 34.93 to 11,807.43, Nasdaq dropped 17.46 to 2,368.28, and the S&P...

Stocks Stall, Finish Mixed

MARKETS

Jun 23, 2008 3:30 PM CDT

Stocks Stall, Finish Mixed

Investors are cautious ahead of Fed meeting

(Newser) - Markets ended mixed today, burdened by high oil prices and shaky financials. "It's been a terrible market. It definitely looks like we're going to re-test the lows all this week," an economist tells the Wall Street Journal. The Dow ended down 0.33 at 11,842.36, the...

Faltering Banks
Push Stocks Down

MARKETS

Jun 17, 2008 3:15 PM CDT

Faltering Banks Push Stocks Down

Financials tumble despite solid report from Goldman Sachs

(Newser) - The markets fell today, led by plunging financials and bank stocks, despite a solid second-quarter report from Goldman Sachs. "There is a lack of clarity at every level of the financial system right now, from regulators to companies," a floor trader told the Wall Street Journal. The Dow...

Stocks Mixed as Oil Pulls Back

MARKETS

Jun 16, 2008 3:22 PM CDT

Stocks Mixed as Oil Pulls Back

Techs climb; yardsticks swing between red and black

(Newser) - Stocks ended mixed today as oil prices pulled back after hitting a high of nearly $140 a barrel. Investors are still concerned about economic instability, but many have already abandoned financials, reports the Wall Street Journal. The Dow ended down 38.27 at 12,269.08, the Nasdaq up 20....

Oil Reversal Stymies Rally

MARKETS

Jun 12, 2008 3:45 PM CDT

Oil Reversal Stymies Rally

Market ends up 57 points, down from 185-point rally

(Newser) - A stock rally lost steam after oil reversed an early decline and finished up slightly at $136.74 a barrel, Marketwatch reports. Investors had earlier turned bullish on an unexpectedly strong retail report and crude prices of $131.55. The Dow ended up 57.81 points, at 12,141.58,...

Buffett Bets
Big Against Hedge Funds

Jun 10, 2008 12:16 PM CDT

Buffett Bets Big Against Hedge Funds

Market will beat the pros, legendary investor wagers

(Newser) - Warren Buffett has a lot of money to put where his mouth is. The Oracle of Omaha has bet $320,000 that the market, as measured by the S&P 500, will beat a collection of five carefully selected hedge funds, reports CNNMoney. Taking him on is Protégé Partners,...

Oil Plunges; Stocks Gain

MARKETS

May 27, 2008 3:31 PM CDT

Oil Plunges; Stocks Gain

Markets shake off steep decline in housing prices

(Newser) - The markets pulled out modest gains today on plunging oil prices, despite housing price indices that showed the biggest drop in 20 years, the Wall Street Journal reports. The Dow ended up 68.72 at 12,548.35, the Nasdaq up 36.57 at 2,481.24, and the S&...

Dismal Day Ends Dismal Week

MARKETS

May 23, 2008 3:34 PM CDT

Dismal Day Ends Dismal Week

Housing, oil continue to pummel equities

(Newser) - Stocks fell today, rounding out a gloomy week as the familiar themes of housing malaise and energy costs manifested in widespread big losses, MarketWatch reports. The Dow fell 145.99 to close at 12,479.63, the Nasdaq lost 19.91, settling at 2,444.67, and the S&P...

Meager Gains as Oil Retreats

MARKETS

May 22, 2008 3:35 PM CDT

Meager Gains as Oil Retreats

Drop in jobless claims encourages investors, but it's a 'one-story market'

(Newser) - Stocks eked out small gains after two days of big losses as surging oil pulled back from a new record of $135 per barrel to $131.79, the Wall Street Journal reports. The Dow rose 24.43, closing at 12,625.62, while the Nasdaq climbed 16.31 to settle...

Oil, Fed Leave
No Grins,
Just Bears

MARKETS

May 21, 2008 3:37 PM CDT

Oil, Fed Leave No Grins, Just Bears

Fed minutes confirm expectations of higer inflation, slower growth

(Newser) - Oil prices kept on pummeling the markets today, and minutes from the Fed's most recent meeting confirmed warnings of higher inflation and lower growth—signaling a pause in rate cuts. "The rise in energy products is going to be the knell for consumer spending," one analyst tells the...

Oil, Inflation Wallop Stocks

MARKETS

May 20, 2008 3:27 PM CDT

Oil, Inflation Wallop Stocks

Researcher: 'All the long-term indicators we look at are sending a bearish message'

(Newser) - The Dow plunged nearly 200 points today as markets were swamped by soaring oil prices and inflation fears. "All the long-term indicators we look at are sending a bearish message," an investment researcher told the Wall Street Journal. The Dow ended down 199.48 to 12,828.68,...

Whoops! Big Rally Falls Flat

MARKETS

May 19, 2008 3:34 PM CDT

Whoops! Big Rally Falls Flat

Stocks end mixed as oil sets a record

(Newser) - Stocks ended mixed today, as an early rally slipped away and oil prices hit yet another record. "There are still a lot of reasons you wouldn't want to touch the market with a 10-foot pole right now," one trader told the Wall Street Journal. The Dow ended up...